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Bitcoin Aug. 19 chart alert - Bears seize near-term advantage

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(Kitco News) - Bitcoin-U.S. dollar prices are a solidly down and hit a three-week low in early U.S. trading Friday. Bears have gained the near-term technical advantage as a two-month-old price uptrend on the daily bar chart has been negated. Now, the path of least resistance for Bitcoin prices is sideways-to-lower in the near term. Stay tuned!

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